Obama: Lower Gov't Health Care Costs Put House in Order

The video discusses the significant reduction in healthcare cost growth, highlighting the impact of the Affordable Care Act. It references a Congressional Budget Office report projecting lower Medicare and Medicaid costs, emphasizing healthcare's role in reducing future deficits. The importance of fiscal responsibility for long-term economic stability is also addressed.

What is the significance of the current healthcare cost growth rate?

• It is increasing rapidly.

• It has remained constant over the years.

• It is the slowest in nearly 50 years.

• It is the fastest in 50 years.

What was a major concern during the Affordable Care Act debate?

• The effect on international healthcare systems.

• The impact on private insurance companies.

• The affordability of the Act.

• The potential increase in healthcare quality.

According to the Congressional Budget Office, how much less will Medicare and Medicaid cost in 2020 compared to projections?

• $150 billion less

• $200 billion less

• $100 billion less

• $188 billion less

What has been the single biggest driver of America's future deficits?

• Infrastructure

• Healthcare

• Defense spending

• Education costs

How is healthcare currently impacting America's deficits?

• It is a minor factor in deficit reduction.

• It is increasing the deficits.

• It has no impact on the deficits.

• It is the biggest factor in reducing the deficits.